Happy Friday! Sophie Rose here with the Europe Wire from the London newsroom. I'm covering for Irien Joseph this Friday and next.
It’s around five years since countries began to lockdown for the covid-19 pandemic, leading to a dive in the food and hospitality sector. Yet, judging by the string of private equity deals in the restaurant sector, it seems like the industry has more than shaken off the pandemic blues and is looking up. We’ll start with a look at recent deals in the segment, and Manuel Roumain, managing partner and co-founder at Brussels-based investment firm Kharis Capital, shares his outlook for the sector.
Next, we’ll look at carve-outs, a frequent topic here on PE Hub. The latest PE firm to get involved is Mérieux Equity Partners, which has acquired a majority stake in Curea Medical, a carve-out from McAirlaid’s.
Hungry for more
The restaurant industry is on the menu for private equity investors, with a number of deals announced recently.
This is not the first time that the industry has grabbed PE attention. In August last year, PE Hub covered seven deals in the food-service sector.
To read Kharis Capital's Manuel Roumain's thoughts on the restaurant segment, take a look at the premium Wire here.
Carving out
Moving from restaurants to taking a bite from a business. Mérieux Equity Partners has acquired a majority stake in Curea Medical, a carve-out from McAirlaid’s.
For more on the Curea deal and a wider look at carve-outs, check out the premium Wire here.
That’s all from me. John R Fischer will be with you in the New York morning with the US edition and Nina Lindholm will bring you the Europe edition of the Wire on Monday.
Best wishes,
Sophie
Read the full Wire commentary on PE Hub ...